Cargo vessels transport goods along the Fuchun River in Fuyang district, Hangzhou, Zhejiang province, on March 15. [Photo/IC]

Zhejiang province's logistics costs accounted for 13.3 percent of its GDP, down 0.22 percentage points year-on-year and falling below 13.5 percent for the first time, the lowest level on record, according to data from the Zhejiang Provincial Development and Reform Commission.

The decline reflects ongoing efforts to improve efficiency across logistics systems, supporting lower operating costs for businesses and smoother economic activity.

Companies have adopted digital tools to optimize supply chains. Wuchan Zhongda Logistics, for example, integrates logistics, trade, and information flows to provide end-to-end services covering procurement, warehousing, processing, and distribution.

The company uses big data and artificial intelligence to improve demand forecasting and route planning, helping clients reduce overall costs by 5 percent to 15 percent and cut logistics expenses or delivery time by 5 percent to 10 percent.